Russia’s energy ministry said Tuesday that OPEC and non-OPEC members would meet in Vienna Saturday following a decision to cut global oil output.
The ministry told AFP that Russian Energy Minister Alexander Novak would be taking part in the meeting, which comes after Moscow said it was ready to reduce crude output by 300,000 barrels a day in the first half of 2017.
After months of disagreement, OPEC members last week hammered out a deal to cut oil output for the first time in eight years.
The agreement ended weeks of uncertainty and volatility on crude markets as the key players bickered over …read more
Source: Al-Manar TV
